The freedom the freelance lifestyle brings is exhilarating. If you’re a night owl who can only put words on paper at 2 a.m., freelancing may be great. If you want to use your knowledge in a new way to help others, freelancing may be the way to do it. With all the fanfare surrounding the...

The way we save and pay for healthcare is always changing. Today, many people have the option of pairing a Health Savings Account (HSA) with a high deductible health insurance plan (HDHP). If you have an HDHP, you may consider opening and funding an HSA, to help pay for your out-of-pocket medical expenses. HSAs offer...

A health savings account is a powerful financial tool when saving for retirement, since medical care expenses are likely to increase as you grow older. Those who can afford to pay their current medical bills out-of-pocket will find that the best use of an HSA is to accumulate a nest egg to pay for medical expenses incurred after they’ve retired. It’s also a terrific “health insurance policy,” should an unexpected medical emergency occur before retirement.

The way we pay for our healthcare has evolved over the years. Today, there are many options available to pay for our medical expenses. Let’s talk about Consumer-Directed Health Plans. A general definition of a Consumer-Directed Health Plan is one that combines a high deductible health plan with a pre-tax savings account that employees can...

The New Year’s ball has fallen, and 2019 has arrived. Not only that, but we’re already a month and a half into the new year. You might be looking at your overall financial picture, as tax season is right around the corner, and be thinking you’d like to utilize your Health Savings Account (HSA) more...

You know the narrative — healthcare is expensive. Healthcare spending is up year-over-year (3.9%), with costs rising faster than the annual rate of inflation. This, combined with the rise of high deductible health plans (HDHPs), puts pressure on the average American consumer to spend more of their savings on everyday health expenses. What this conversation...